Overview
Israel LiDAR supplier's FY 2025 revenue more than doubled yr/yr
Company introduced InnovizThree for behind-the-windshield deployment
Outlook
Innoviz targets FY 2026 revenue of $67-$73 mln
Company expects LiDAR sales for non-automotive applications to reach 10% of revenue
Innoviz anticipates 2-3 new program wins in 2026
Result Drivers
AUTONOMOUS TRUCKS - Selected by Daimler Truck and Torc Robotics for series production of L4 autonomous trucks, boosting LiDAR shipments
NEW PRODUCT INTRODUCTION - Launched InnovizThree for behind-the-windshield deployment, enhancing sensor fusion and integration
NON-AUTOMOTIVE APPLICATIONS - InnovizSMART and InnovizSMARTer gaining traction in security and mobility sectors
Company press release: ID:nPn7Vc4kFa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $12.67 mln | $16 mln (2 Analysts) |
Q4 EPS | Miss | -$0.10 | -$0.08 (2 Analysts) |
Q4 Net Income | Miss | -$21.26 mln | -$14 mln (1 Analyst) |
Q4 Operating Income | Miss | -$20.93 mln | -$16.13 mln (2 Analysts) |
Q4 Pretax Profit | Miss | -$21.20 mln | -$14 mln (1 Analyst) |
Q4 Operating Expenses | $22.99 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Innoviz Technologies Ltd is $2.65, about 190.1% above its February 24 closing price of $0.91
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)